Forecasts & opinions
The resistance-zone between the intraday-high set after the latest FED policy meeting (that was sold off almost as fast as the level was reached) and the last significant low at USD1.1097 held and the euro reversed after two failed intra-day attempts. We have seen a pullback to USD1.0712 and the single currency is re-approaching the level again - currently trading at USD1.0876, slightly below yesterday's intra-day highs. A re-test of the resistance zone in the days to come seems likely.
|remaining time till the new event being published|
- Germany: ZEW Indicator of Economic Sentiment rose sharply in March
- UK unemployment rate unexpectedly dropped to 3.9%
- UK Brexit secretary Barclay: now in a situation where we need an extension to Brexit
- Switzerland's trade surplus rose in February